Pontera’s Peter Nolan on 401(ok) know-how at Future Proof

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Take a particular look again on the Future Proof Festival via a sequence of interviews with insiders and newsmakers performed by the Monetary Planning editorial workforce.

This clip options Peter Nolan, the vp of enterprise enterprise improvement at Pontera, a 401(ok) know-how agency enabling extra monetary advisors to work with plan sponsors and members as they’d with conventional particular person retail traders. Nolan informed FP Chief Correspondent Tobias Salinger that there are misconceptions amongst advisors and potential members alike in the case of company-sponsored retirement plans. For instance, he identified that many advisors mistakenly suppose the compliance burden is simply too heavy.

Pontera’s myth-busting efforts are selecting up steam, if the agency’s financing and burgeoning record of integrations with corporations like Envestnet, Orion and Morningstar are any indication. 

Nolan spoke the month after Pontera and RIA platform Dynasty Monetary Companions unveiled a brand new collaboration for advisory corporations within the latter’s community to make use of the know-how. Final February, Pontera rebranded from its earlier identify of FeeX whereas asserting that it had raised $80 million in three funding rounds led by Lightspeed Enterprise Companions, with participation by The Founders Kitchen, Hanaco Ventures, Hyperwise Ventures, Blumberg Capital and unnamed particular person traders.  

Try the total interview under.

Future Proof, an occasion billed as the primary wealth pageant, attracted greater than 2,200 individuals to Huntington Seashore, California, earlier this yr. Monetary Planning was a sponsor of the occasion. Dates for Future Proof 2023 have already been introduced. The occasion is slated to return to the seaside Sept. 10-13, 2023.